ETENRU
RegisteredHarju County
Firmo KasvuliiderVarem: 2024
Registry code
14783543
VAT number
EE102212301
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Kai tn 4, 10111
Registered
15.08.2019 · 7 yrs
Activity
Programmeerimine 62101
Additional activities
Other financial service activities, except insurance and pension funding n.e.c.
Capital
5 000 000 €
Email
c•••@c•••.comLog in to see
Phone
+372 5•• ••••Log in to see
Website
https://coinspaid.com/
LEI
2549006U276JQTTXHL24 ISSUED
Business Register 07.10.2026
Sales revenue19,6 m €-40%2025 annual report
Profit1,7 m €2025 annual report
Employees25Tax Board 2026 Q2
Average gross salary4 797 €estimate, Tax Board 2026 Q2
Labour taxes per quarter183 k €Tax Board 2026 Q2
Cash2,6 m €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 07.10.2026
Revenue 12 months46,8 m €+130%Tax Board, last 4 quarters
State taxes 12 months2,4 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 11,8 mln €
4,8 M4,9 M5,2 M5,4 M7,1 M13,7 M14,2 M11,8 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
81 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 07.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → BBB → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 130% vs a year earlier
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Jelena Zolotenko3 companiesno tax debtPersonal ID ↗09.06.2026
Maksym Krupyshev1 companyno tax debtPersonal ID ↗15.08.2019
Shareholders 1
Alexander Horst Riedinger100,0% 5 000 000 €16.06.2022
Beneficial owners 1
Alexander Horst Riedingerdirect holding21.08.2019

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue9,8%
Labour taxes / revenue1,6%
Revenue per employee per month157 212 €
Gross salary (estimate)4 797 €
Net salary (estimate)3 761 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q211 790 879 €▲ 119%183 468 €1 151 725 €25
2026 Q114 213 935 €▲ 173%211 858 €385 240 €22
2025 Q413 692 105 €▲ 177%227 945 €448 692 €21
2025 Q37 067 684 €▲ 48%235 991 €410 839 €23
2025 Q25 375 109 €▲ 22%213 918 €371 945 €26
2025 Q15 211 562 €▼ 28%195 558 €451 454 €24
2024 Q44 941 425 €▲ 185%160 507 €388 149 €21
2024 Q34 781 491 €▲ 193%131 166 €429 624 €17
2024 Q24 413 356 €▲ 51%119 263 €359 230 €12
2024 Q17 274 280 €▲ 123%123 229 €575 241 €12
2023 Q41 733 650 €▼ 50%101 336 €165 378 €11
2023 Q31 630 652 €▼ 16%111 287 €152 327 €9
Show full history (18 quarters)
2023 Q22 929 463 €▼ 2%72 889 €556 350 €7
2023 Q13 262 013 €▲ 35%54 971 €242 485 €8
2022 Q43 478 914 €40 625 €109 959 €5
2022 Q31 934 201 €29 421 €147 585 €6
2022 Q22 988 981 €27 611 €126 481 €5
2022 Q12 409 289 €20 229 €87 762 €4

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue19,6 m €▼ 40%32,4 m €▲ 29%25,2 m €▲ 44%17,5 m €▲ 67%10,5 m €
Profit1,7 m €▼ 92%23,1 m €▲ into profit-24,1 m €▼ into loss5,6 m €▲ 23%4,6 m €
Profit margin8,9%71,4%-95,8%32,1%43,6%
Retained earnings5,1 m €▲ into profit-18,0 m €▼ into loss6,1 m €▲ 13×467 k €▼ 48%892 k €
Cash2,6 m €▼ 95%52,5 m €▲ 124%23,5 m €▼ 26%31,6 m €▲ 67%18,9 m €
Current assets49,3 m €▼ 72%178,4 m €▲ 72%104,0 m €▲ 9%95,0 m €▲ 23%77,1 m €
Fixed assets9,4 m €▲ 23%7,6 m €▲ 57%4,9 m €▲ 385%1,0 m €▲ 297%252 k €
Assets58,7 m €▼ 68%186,0 m €▲ 71%108,8 m €▲ 13%96,0 m €▲ 24%77,4 m €
Current liabilities46,9 m €▼ 73%175,9 m €▲ 44%121,9 m €▲ 43%85,0 m €▲ 18%71,9 m €
Total liabilities46,9 m €▼ 73%175,9 m €▲ 44%121,9 m €▲ 43%85,0 m €▲ 18%71,9 m €
Equity11,8 m €▲ 17%10,1 m €▲ into profit-13,0 m €▼ into loss11,1 m €▲ 103%5,5 m €
Labour costs-1,9 m €▼ 30%-1,5 m €▼ 75%-842 k €▼ 151%-335 k €▼ 659%-44 149 €
Employees22▲ 29%17▲ 70%10▲ 67%6▲ 500%1
Filed29.08.202617.06.202511.06.202430.06.202312.12.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Programmeerimine main activity6210113 929 790 €71%
Other financial service activities, except insurance and pension funding n.e.c.649915 623 843 €29%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 07.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Dream Finance Venture OÜ16386800100,0%10.12.20211 692 €

Business Register

Companies linked via the board

2

Top 20 in activity: Programmeerimine

20
#CompanyRevenue
1Pipedrive OÜ236,8 m €
2pawaTech OÜ100,6 m €
3Eleks Holding OÜ79,9 m €
4Veriff OÜ78,5 m €
5Nortal AS64,4 m €
6Goldmont OÜ61,2 m €
7osaühing Playtech Estonia54,5 m €
8AKTSIASELTS HELMES46,3 m €
9Spribe OÜ40,4 m €
10Breakwater Technology OÜ31,0 m €
11A2verse OÜ30,8 m €
12Twilio Estonia OÜ29,4 m €
13Stiltsoft Europe OÜ25,2 m €
14Trinidad Wiseman OÜ23,9 m €
15Ridango AS23,0 m €
16Botguard OÜ21,0 m €
17Rush Street Interactive Development Estonia OÜ19,6 m €
18Dream Finance OÜ19,6 m €
19Viseven Europe OÜ18,2 m €
20Toggl OÜ18,0 m €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Domains

1 records

Domains

DomainSource
coinspaid.comBusiness Register

History and notices

24
DateTypeContent
03.09.2026Eitav kandemäärusAmendment entry
09.06.2026EntryAmendment entry
19.12.2025EntryAmendment entry
20.06.2023EntryAmendment entry
14.06.2023Order to remedy deficienciesAmendment entry
10.04.2023EntryAmendment entry
30.01.2023EntryMuutmiskanne ÄS § 525 lg 2 alusel
03.01.2023EntryAmendment entry
22.12.2022Order to remedy deficienciesAmendment entry
16.06.2022EntryAmendment entry
17.05.2022EntryMuutmiskanne ÄS § 525 lg 2 alusel
14.03.2022EntryMuutmiskanne ÄS § 525 lg 2 alusel
17.01.2022Order to remedy deficiencies to correct non-entry data
11.11.2021EntryMuutmiskanne ÄS § 525 lg 2 alusel
18.11.2020EntryAmendment entry
13.11.2020Order to remedy deficienciesAmendment entry
22.10.2020EntryMuutmiskanne ÄS § 525 lg 2 alusel
30.07.2020EntryAmendment entry
30.06.2020EntryMuutmiskanne ÄS § 525 lg 2 alusel
17.06.2020EntryAmendment entry
08.06.2020EntryAmendment entry
08.06.2020Order to remedy deficienciesAmendment entry
04.06.2020EntryAmendment entry
15.08.2019EntryFirst entry